According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 103.98% higher in 2024 versus 1995 (a $441,919,047,619.05 difference in value).
Between 1995 and 2024: Minneapolis/St. Paul experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $425,000,000,000 in Minneapolis/St. Paul in the year 1995 would cost $866,919,047,619.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in Minneapolis/St. Paul was lower.
In the year 1995: Pricing changed by 2.37%, which is below the average yearly change in Minneapolis/St. Paul during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), inflation in Minneapolis/St. Paul was lower.
Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $425,000,000,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1995 | $425,000,000,000.00 | 2.37% |
1996 | $439,166,666,666.67 | 3.33% |
1997 | $449,285,714,285.71 | 2.30% |
1998 | $457,670,068,027.21 | 1.87% |
1999 | $472,125,850,340.14 | 3.16% |
2000 | $491,785,714,285.71 | 4.16% |
2001 | $510,289,115,646.26 | 3.76% |
2002 | $519,251,700,680.27 | 1.76% |
2003 | $528,214,285,714.29 | 1.73% |
2004 | $543,248,299,319.73 | 2.85% |
2005 | $558,282,312,925.17 | 2.77% |
2006 | $567,244,897,959.18 | 1.61% |
2007 | $581,836,564,625.85 | 2.57% |
2008 | $604,130,272,108.84 | 3.83% |
2009 | $601,039,625,850.34 | -0.51% |
2010 | $612,138,775,510.20 | 1.85% |
2011 | $634,143,367,346.94 | 3.59% |
2012 | $648,946,088,435.37 | 2.33% |
2013 | $661,528,401,360.54 | 1.94% |
2014 | $670,785,884,353.74 | 1.40% |
2015 | $666,605,272,108.84 | -0.62% |
2016 | $676,949,829,931.97 | 1.55% |
2017 | $691,677,380,952.38 | 2.18% |
2018 | $708,243,707,482.99 | 2.40% |
2019 | $723,095,578,231.29 | 2.10% |
2020 | $731,453,911,564.63 | 1.16% |
2021 | $766,861,904,761.90 | 4.84% |
2022 | $824,002,721,088.44 | 7.45% |
2023 | $846,299,319,727.89 | 2.71% |
2024 | $866,919,047,619.05 | 2.44%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Minneapolis-St Paul, Minnesota:
Year | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 103.100 | 107.000 | 108.400 | 111.600 | 117.200 | 122.000 | 127.000 | 130.400 | 135.000 | 139.200 | 143.600 | 147.000 | 151.900 | 155.400 | 158.300 | 163.300 | 170.100 | 176.500 | 179.600 | 182.700 | 187.900 | 193.100 | 196.200 | 201.247 | 208.958 | 207.889 | 211.728 | 219.339 | 224.459 | 228.811 | 232.013 | 230.567 | 234.145 | 239.239 | 244.969 | 250.106 | 252.997 | 265.244 | 285.008 | 292.720 | 299.852 |